Google acquires natural language engine Wavii for over $30M (Update: Wavii closed)
Update: Following Google’s acquisition, Wavii has shut down its service and pulled its iOS app.
Google has purchased natural language processing engine Wavii for more than $30 million, according to TechCrunch.
The acquisition has several similarities to Yahoo’s recent purchase of Summly, which Yahoo integrated into its iOS app just yesterday, as both start-ups focused on parsing text from content and delivering summarized snippets of information.